[♪...] >> chris: we are back with senator john mccain. senator, welcome. >> thank you, chris. >> chris: you just heard nancy pelosi talk about the automatic spending cuts that kick in on march 1. she wants a mix of cuts and, yes, more taxes, which i know you don't like. on the other hand, if you go to the automatic cuts, sequestration you get a 13% cut over the rest of this year in the pentagon which i know you also don't like. if it comes down to that, higher taxes or sequestration, the pentagon cuts, where do you you go? where do you come down? >> obviously i don't want to see taxes increased but what i would like to see is the president call the leaders over to the white house and say look, we got to solve this problem. this sequestration, secretary panetta, outgoing secretary of defense is one of the most widely respected men or person in washington, d.c. and he has been saying this nationalstate our nation security. republicans and democrats are responsible for this new cliff and i will take responsibility tore it for the republicans